icomedias joins Altamount, strengthening expertise in public sector digitalisation

Altamount Software GmbH ("Altamount") has signed an agreement to acquire icomedias GmbH ("icomedias"), headquartered in Graz, Austria. With its product HybridForms, icomedias is one of the leading providers of digital, mobile form and workflow processes — in particular for public authorities, emergency services organisations, and companies operating in critical infrastructure. Closing of the transaction remains subject to the required foreign investment regulatory approval by the Austrian authorities and is expected in the near term.

With this acquisition, Altamount expands its portfolio to include aleading specialist in mission-critical digitalisation. HybridForms enablespolice authorities, public administrations, and organisations with highsecurity requirements to map paper-based processes in a fully digital, mobile,and offline-capable manner. The solution thereby closes a central gap betweenstatutory requirements, operational efficiency, and security-sensitive datamanagement.

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Andreas Philippi, CEO of Altamount Software GmbH, states:

"We are very pleased that icomedias and HybridForms will be part ofAltamount going forward. The entire team — in particular the four foundersChristian Ekhart, Martin Bene, Ramon Weinand, and Heidi Mertens — are stayingon board and will shape the next phase of development together with us.icomedias has developed a leading product for highly security-criticalenvironments over many years. This partnership feeds directly into our goal ofbuilding a strong, interconnected group of companies in this space and,leveraging our cybersecurity expertise, offering our customers as manycapabilities and security features as possible from a single source."

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Christian Ekhart, Managing Director of icomedias GmbH, adds:

"With Altamount, we gain a partner who shares our vision. Together,we want to continue developing HybridForms, open up new markets, andconsistently strengthen our technological foundation. Being part of Altamountcreates the conditions to grow our product and our company successfully overthe long term — to the benefit of our customers and our team. We also lookforward to collaborating with the other companies in the Altamount network tocapture synergies and jointly develop innovative solutions for security-criticalenvironments."

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Timm Overmanns, Head of M&A at Altamount Software GmbH, adds:

"icomedias already has touchpoints today with our activities in themobility and energy sectors. Added to this is its strong position in the areaof internal security, which has always been a core theme for CHAPTERS. We wantto build on these strengths — including through further acquisitions. At thesame time, icomedias demonstrates that long-term succession planning, combinedwith professional support for business growth, can be an enormous gain for allparties involved. We look forward to working with many more founders who wantto plan their long-term succession with us, but first want to take theirbusiness to the next level with professional backing."

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